Which of the Following Is Not a Correct Statement

question 104

Multiple Choice

Which of the following is not a correct statement?

• A)Managerial accounting benefits internal users.
• B)Managerial accounting reports must comply with generally accepted accounting principles.
• C)Managerial accounting includes reports and information prepared for a range of decision makers within the organization.
• D)Managerial accounting reports come in a variety of formats.

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Definitions:

NAACP

The National Association for the Advancement of Colored People, an organization formed in 1909 to fight for civil rights and eliminate race-based discrimination in the United States.

Higher Education

refers to the stage of learning that occurs at universities, colleges, and other institutions offering degrees and certifications beyond secondary education.

Elementary School

A primary educational institution where children receive the first stages of compulsory education, typically including grades K-5 or K-6.